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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Ben Traynor |
April 18, 2013
Wholesale prices for buying gold climbed briefly above $1,400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
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By Ben Traynor |
March 1, 2013
Spot market gold bullion fell to one-week lows below $1,570 per ounce Friday morning, on course for a third straight weekly loss, having ended February down 5.9% as gold exchange traded funds saw their biggest calendar month bullion outflows on record.
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By Ben Traynor |
December 11, 2012
The wholesale gold price rose to $1,712 an ounce Tuesday morning in London, a few dollars above where they started the week, while stocks edged higher and US Treasury bonds fell ahead of tomorrow's Federal Reserve policy decision.
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By Ben Traynor |
June 14, 2012
Wholesale market gold prices rose to $1,627 an ounce shortly ahead of US trading on Thursday – their highest level so far this week – following the publication of US economic data. Silver prices by contrast continued to trade sideways, hovering around $29 an ounce.
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By Adrian Ash |
May 24, 2012
The wholesale price of gold investment bars rose 2.0% from yesterday's low to reach $1,569 per ounce in London Thursday morning, recovering from $1,535 for the fourth time since gold hit all-time peaks above $1,900 in late-summer 2011.
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By Ben Traynor |
March 13, 2012
Gold prices drifted as low as $1,694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.
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By Ben Traynor |
February 22, 2012
Gold prices hovered just below $1,760 per ounce during London's Wednesday morning trading, after a rally in Tuesday's US session saw gold gain 1.3%. Silver prices softened slightly but held above $34 per ounce.
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By Adrian Ash |
January 10, 2012
Spot gold prices touched a new three-week high against the US dollar in London on Tuesday morning, trading above $1,638 per ounce as world stock markets rose with industrial commodities. Silver bullion leapt above $30 per ounce.
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By Ben Traynor |
December 21, 2011
Gold bullion prices fell to $1,609 per ounce Wednesday lunchtime in London - 1.9% down on the week's high, set less than three hours earlier - as stocks and commodities were also hit following an ECB announcement on its latest liquidity operation.